The Intelligent Investor “ Learn every day , but especially from the experiences of others . It ’ s cheaper !” — John C . Bogle What Experts Say about “ Simplicity ”
The Intelligent Investor “ Learn every day , but especially from the experiences of others . It ’ s cheaper !” — John C . Bogle What Experts Say about “ Simplicity ”
Christine Benz , Morningstar Director of Personal Finance : “ Simplicity is one of the greatest-but in my view , woefully underrated-virtues when managing a portfolio .”
Bill Bernstein , author of Four Pillars of Investing : “” The more real people I get to know , the more I am convinced the simpler the solution , the better the solution .”
Richard Bernstein , Merrill Lynch strategist : “ Investors find it hard to believe that ignoring the vast majority of investment noise might actually improve their performance .”
Jack Bogle : “ Simplicity is the master key to financial success .”
Dan Bortolotti , CFP , and author of The Money Sense Guide to the Perfect Portfolio : “ The peace of mind that comes with a simple investing strategy is priceless .”
Jack Brennan , former Vanguard CEO and author of Straight Talk on Investing : “ It ’ s in the interest of many financial service companies to make you think that investing is difficult . It ’ s really quite simple .”
Warren Buffet : “ To invest successfully , you need not understand beta , efficient markets , modern portfolio theory , option pricing or emerging markets . You may , in fact , be better off knowing nothing of these .”
Scott Burns , creator of The Couch Potato Strategy : “ The advocates of complexity are generally people who are making their living from the complexity they create for us .”
Ben Carlson , author of A Wealth of Common Sense : “ I ’ ve spent my entire career working in portfolio management . This experience has taught me that less is always more when making investment decisions . Simplicity trumps complexity .”
Jean Chatzky , NBC Financial Editor : “ The problem with so much personal financial advice is that it ’ s unnecessarily complicated , often with the goal of selling you something you don ’ t need .”
Andrew Clarke , author of “ Wealth of Experience ”: “ In investing , simple is usually more productive than complex .”
James Dahle , Editor of The White-Coat Investor : “ In my view , the simpler the financial product , the better it is for the consumer .”
Edsger Dijkstra , famed physicist : “ Simplicity is a great virtue but it requires hard work to achieve it and education to appreciate it . And to make matters worse : complexity sells better .”
Michael Edesess , author of The Big Invesment Lie : “ As a mathematician I know when mathematical-sounding analyses are little more than elaborate sales pitches , designed to thoroughly obscure the simple fact that smart investing is non-mathematical and accessible to everyone .”
Albert Einstein : “ The five ascending levels of intellect are : smart , intelligent , brilliant , genius , simple .”
Paul Farrell , author of “ The Lazy Person ’ s Guide to Investing ”: “ Perhaps the most amazing insight I got out of this review of the investment habits of Nobel laureates is the simplicity of their investing strategies .”
Gensler & Baer , authors of “ The Great Mutual Fund Trap ”: “ If you simply buy and hold you don ’ t need to read investing magazines , watch financial news networks , subscribe to newsletters , or pay a broker to execute new trades .”
Jason Zweig , Wall Street Journal columnist and author of “ The Intelligent Investor ”: “ The less you fool with your portfolio , the less often you ’ ll play the fool .”